BioLargo announces the purchase of one half interest in award winning isan system to solve food safety issues

LA MIRADA -- BioLargo, Inc. (OTCBB: BLGO), creator of patented iodine technologies, today announced that it had entered into a joint venture relationship whereby it purchased a 50% interest in the patents and other intellectual property surrounding the Isan system.

BioLargo’s prior license agreement with Ioteq Inc., relating to the Isan system, was formally terminated on October 3, 2011. As a result of the transaction, the Isan system technology is now owned on an equal basis between BioLargo and Peter Holdings Pty. Ltd., which was the principal source of capital that funded the development and commercial efforts related to Ioteq IP Pty.

Ltd. and the Isan system. The intellectual property was purchased by Peter Holdings and BioLargo from Ioteq IP Pty. Ltd., which has now ceased operations and is in process of liquidation.

“BioLargo’s existing iodine technologies are synergistic with the Isan system, stated BioLargo President and CEO, Dennis Calvert. “The Isan system has received patents in multiple countries, and regulatory approval in Australia and New Zealand. Currently there are approximately 150 installations being serviced by a local Australian distributor with an emphasis in hydroponics, irrigation supply and post harvest wash related uses.”

“The patented Isan system is a proven iodine based disinfection system for use across many industries. It has a robust history and commercial proof of claims that have been advanced in Australia over the past nine years. It has been referred to as one of the most important technical advancements in food safety in the past 20 years, and won a ‘top 50 water company award’ by the Artemis Project in 2010. We believe its role in sustainable water recycle and reuse programs will be of global interest as we work to position it as a staple technology in agriculture production, processing and food safety programs. We have been encouraged by the feedback and interest we have received from key global industry participants since we began working with the Isan system in 2008.

Recent food borne illness and even death from dangerous pathogens like listeria, salmonella and E. coli all point to the need for the traceability and reliability for disinfection performance that the Isan system offers. We are thankful for our relationship with Peter Holdings and the Isan system and we have high expectations for its future.”

Related news

Merck, a leading science and technology company, has opened its first global Food Safety Studio in Bellevue, Washington for manufacturers of all types of food (beef, poultry, produce, etc.) to collaborate with Merck scientists on developing safety products for rapid detection of foodborne pathogens.
The new 5,300-square foot center gives customers access to a complete food safety workflow, from raw materials testing to finished-product safety testing, to help find, correct and prevent hazards within the food...

JRC scientists developed a new certified reference material (CRM) to improve the accuracy of methylmercury measurements in food. This CRM (ERM-AE671) consists of isotopically labelled methylmercury with certified values for the isotopic composition. Used as internal standard, it will make the measurements of methylmercury more accurate.
Regulation 466/2001/EC sets limits for the total mercury content in foodstuffs. However, like some other elements, mercury can be present in different forms ("species"), which...

During the latest Symposium on Gut Health in Production of Food Animals, November 14-16 2016, in Saint Louis, Missouri, Lysiane Dunière, Research scientist at Lallemand Animal Nutrition Ruminant Center of Excellence (Clermont-Ferrand, France), presented a poster on yeast cell fraction potential in food safety1.
Laurent Dussert explains: “Farm animals can represent a reservoir of potential pathogens for consumers, such as certain E. coli strains. At a time of increased pressure to reduce the use of...

The Food Safety Modernization Act (FSMA) of 2011 and the Public Health Security and Bioterrorism Preparedness and Response Act of 2002 require compliance criteria for ingredients (raw materials) used in food production. The U.S. Food & Drug Administration is the governing body for implementation of rules.
The seven foundational rules disseminated by the FDA became final in 2016 and are required for 2017 and beyond. All food grade products whether manufactured domestically or abroad are subject to these FSMA...

Customer comments

No comments were found for BioLargo announces the purchase of one half interest in award winning isan system to solve food safety issues. Be the first to comment!